Select Premarket Movers
Upside: -AVAV +35% (earnings, guidance) -VWAV +29% (acquires 51% controlling interest in private Israeli aerospace and defense company Meteor Aerospace for ~$20.4M in stock) -SEDG +11% (solar stock strength following FCC reportedly drafting ban on imports of foreign inverters) -JACK +10% (momentum) -ENPH +9.4% (solar stock strength following FCC reportedly drafting ban on imports of foreign inverters) -APD +8.3% (will not proceed with Louisiana Clean Energy Complex) -GMAB +8.2% (Phase 3 EPCORE DLBCL-4 meets primary PFS endpoint in R/R DLBCL) -RDW +7.8% (awarded contract by Taiwan Color Optics to deliver Penguin Mk2.5 VTOL UAS to Taiwan Coast Guard) -JOBY +7.0% (launches initial phase of strategic manufacturing alliance with Toyota) -PCRX +3.8% (divests iovera° to Zimmer Biomet for up to $140M) -RUN +3.3% (solar stock strength following FCC reportedly drafting ban on imports of foreign inverters) -AXON +2.4% (momentum) -FSLR +2.3% (solar stock strength following FCC reportedly drafting ban on imports of foreign inverters) Downside: -UNCY -51% (FDA issues complete response letter for OLC NDA resubmission due to third-party manufacturing deficiencies) -CNXC -23% (earnings, guidance).
Upside: -AVAV +35% (earnings, guidance) -VWAV +29% (acquires 51% controlling interest in private Israeli aerospace and defense company Meteor Aerospace for ~$20.4M in stock) -SEDG +11% (solar stock strength following FCC reportedly drafting ban on imports of foreign inverters) -JACK +10% (momentum) -ENPH +9.4% (solar stock strength following FCC reportedly drafting ban on imports of foreign inverters) -APD +8.3% (will not proceed with Louisiana Clean Energy Complex) -GMAB +8.2% (Phase 3 EPCORE DLBCL-4 meets primary PFS endpoint in R/R DLBCL) -RDW +7.8% (awarded contract by Taiwan Color Optics to deliver Penguin Mk2.5 VTOL UAS to Taiwan Coast Guard) -JOBY +7.0% (launches initial phase of strategic manufacturing alliance with Toyota) -PCRX +3.8% (divests iovera° to Zimmer Biomet for up to $140M) -RUN +3.3% (solar stock strength following FCC reportedly drafting ban on imports of foreign inverters) -AXON +2.4% (momentum) -FSLR +2.3% (solar stock strength following FCC reportedly drafting ban on imports of foreign inverters) Downside: -UNCY -51% (FDA issues complete response letter for OLC NDA resubmission due to third-party manufacturing deficiencies) -CNXC -23% (earnings, guidance) -NVCT -22% (prices 5.0M shares at $20.00/shr for $100M gross proceeds) -SOC -21% (plans $100M common stock offering and $300M convertible senior notes due 2031) -BDRX -16% (prices $3.5M registered direct offering and $1.0M private placement with warrant inducement) -VSH -11% (prices 15M-share offering at $50/share for $750M gross proceeds) -PATK -10% (LCII to combine with Patrick Industries in all-stock merger) -MSTR -5.1% (adopts Digital Credit Capital Framework; authorizes $1B Digital Credit Securities repurchase and $1B class A common stock repurchase) -DLR -4.7% (prices Blackstone secondary offering of 12.3M shares at $185/share) -ABBV -2.1% (US House Committee opens investigation into China drug trials) -OLN -2.0% (Tier1 firm Cuts OLN to Underperform from Buy, price target: $21 from $32)